We’ll be honest. When Business Insider called, we had to read it twice.
Terzo has been named to Business Insider’s 2026 list of “The 30 Early-Stage Startups Most Likely to Become Tech’s Next Unicorns” — and we’re still taking it in. Not because we doubted what we’re building, but because being recognized alongside some of the most exciting companies in tech right now is genuinely humbling.
This recognition means a lot to us, and we wanted to take a moment to share what it’s about, why it matters, and what it says about the work we’ve been doing.
Here’s the full story.
How This List Works… And Why It’s Different
This isn’t a “who has the flashiest pitch deck” list. It’s built by TRAC, a San Francisco-based VC firm that uses a proprietary AI model, drawing on more than 30 data sources, to identify which early-stage startups have the highest probability of reaching a $1 billion valuation.
They call their approach “Moneyball for venture capital.” Rather than hunting for the next big thing, they systematically eliminate over 98% of startups that don’t meet their criteria — then surface the ones that do. Their track record speaks for itself: two companies from their original 2023 list, Harvey and Kalshi, are now each valued at $11 billion.
TRAC says startups on this year’s list carry a 1-in-5 chance of becoming unicorns. Those are rare odds in early-stage investing, and we don’t take them lightly.
What This Means for Terzo
“Terzo AI turns contracts, invoices, and POs into financial intelligence.”
Simple. But the problem behind that sentence is anything but.
Enterprise teams are buried in financial documents: contracts sitting in inboxes, invoices scattered across systems, purchase orders that no one has the bandwidth to properly analyze. The result? Missed obligations, surprise costs, and decisions made without the full financial picture.
That’s the problem Terzo was built to solve. We ingest the messy, unstructured documents that slow finance and procurement teams down, and turn them into clean, structured, actionable intelligence. This way, teams can move faster and with more confidence.
Key facts about Terzo AI:
Founded: 2020
CEO and Co-founder: Brandon Card
Total raised: $40 million
Investors: Great Oaks Ventures, Align Ventures, Engage Ventures, PIFA Note from Our Team
A Note from the Team
Getting here wasn’t a straight line. It took years of listening closely to enterprise finance and procurement teams, understanding the real friction in their day-to-day, and building something that actually fits into how they work; not just something that looks impressive in a demo.
This recognition belongs to the customers who trusted us early, the investors who believed in the vision, and the team that shows up every day to make it real.
We’re proud of it. And we’re just getting started.
What’s Next
The financial intelligence space is evolving fast. AI is changing what’s possible and enterprise teams are waking up to the fact that their contracts, invoices, and POs are some of their most valuable and most underutilized data assets.
We’re going to keep building toward that future. If you’re an enterprise finance or procurement leader who wants to see what Terzo can do for your team, we’d love to talk.
Source: Business Insider, “The 30 Early-Stage Startups in 2026 Most Likely to Become Tech’s Next Unicorns,” March 4, 2026. Ranking methodology by TRAC (trac.vc).
About Terzo: Terzo is an AI-powered financial intelligence platform that extracts and analyzes critical data from contracts, invoices, and other financial documents, providing enterprises with actionable insights to optimize spend and reduce risk.
Our Vision? To revolutionize how enterprises manage and understand their financial data through AI-driven solutions.
